FJUN

FT Vest U.S. Equity Buffer ETF - June

$56.07
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Buffer ETF - June (FJUN) seeks to provide investors with a buffer against downside market risk while participating in the upside potential of the U.S. equity market.

Overview

ETF tracking FT Vest U.S. Equity Buffer ETF - June

Category Other
Issuer Other
Inception Date 2020-06-22
Market Cap $1.0B
Average Volume N/A
Dividend Yield N/A
52-Week Range $46.04 - $56.52
VWAP $56.08

Performance

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Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Buffer ETF - June (FJUN) seeks to provide investors with a buffer against downside market risk while participating in the upside potential of the U.S. equity market.

🎯 Investment Strategy

FJUN aims to achieve its objective by investing in a portfolio of U.S. equity securities and employing a buffer strategy to limit losses during market downturns. The fund uses options contracts to provide a buffer against the first 10-15% of losses in the underlying equity portfolio.

✨ Key Features

  • Seeks to provide downside protection through a buffer strategy
  • Participates in the upside potential of the U.S. equity market
  • Resets the buffer strategy annually in June
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's performance is tied to the performance of the U.S. equity market
  • Derivative risk: The use of options contracts introduces additional risks
  • Liquidity risk: The fund may have difficulty trading certain securities or derivatives
  • Concentration risk: The fund's performance is heavily dependent on the U.S. equity market

👤 Best For

FJUN may be suitable for investors seeking U.S. equity exposure with a level of downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon.